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to or attacked the governing muslim brotherhood offices in a number of cities. >> they also held rallies in tahrir square and nationwide in protest of the president assuming new powers. >> he says he wants to put an end to what he calls the seemingly endless transition to democracy, but his critics say he has set himself up as a dictator. >> these protesters are enraged at the actions of president morsi. in several egyptian cities such as here in alexandria, protesters set fire to buildings belonging to his freedom and justice party. authorities in cairo prevented a similar attack there. his latest decrees give him almost to treat the complete control over the judicial system until a new parliament is elected. opposition politicians are calling for mass protests. they include a nobel peace laureate who says morsi has put egypt back on the path to dictatorship. >> this is a coup against the revolutionary legitimacy that brought him to power. these actions represent a takeover of the country's authorities and make him an even bigger dictator then mubarak. >> but morsi rejects the accusatio
of the agreement, this was the reaction in gaza city. >> people took to the streets. massive traffic and crowds. they celebrated what they saw as a victory for hamas and for gaza. the question is will all of this hold or will this cheering end in rockets crisscrossing the boardern once again? will people take cover in their homes, will the celebrations ends and the fear return? for u.s. secretary of state hilary clinton and president morsi, the hope is that the deal will stick. it calls for freedom of movement for palestinians in and out of gaza and a commitment not to target militants and commitment from militant groups in gaza, to halt rocket fire into israel. again, a discussion nothing is a done deal. over the next hour, we'll look at negotiations still happening now, we'll also hear from the spokeswoman for the israeli defense forces and the leader much hamas. plus, a reporter on the ground and whole lot more. we begin with a look at what has transpired over the last 24 hours, and it's remarkable there is a cease-fire at this hour when you consider how this wednesday started off. take a lo
.dw.de/education. >> the m23 rebel group in the democratic republic of congo has advanced into the city of goma. >> the u.s. has polled the rest of the staff from the city saved they control the airport in the city and peacekeepers would remain to protect civilians. >> u.s. troops on the ground have been supporting the government forces. >> neighboring rwanda is expected -- suspected of supporting the rebels but panic is spreading with many fearing an escalation into war. >> the battle was over. after days of clashes with government soldiers, hundreds of rebel fighters marched on the second-largest city meeting next to no resistance. the residents are angry. >> we feel abandoned by the government. >> we don't know what to do. >> the united nations peacekeepers are completely useless. they stood there and watched the rebels take over without putting up any resistance. >> we feel absolutely cheated. >> the remaining u.n. forces meant to protect the civilian population of from reprisal. most other european personnel have already left. they're fleeing and the fighting in the thousands. many have gone east cr
's suspected of burglarizing businesses in neighboring cities also. investigators say he smashes windows to get inside, gets what he's after, then leaves in a big hurry. >>> other bay area headlines. parts of ocean beach in san francisco remain closed as crews clean up a sewage spill. a manhole overflowed two days ago after heavy rains. most of the spill was wastewater but there was a little sewage mixed in. it's unclear when that section of the beach will be back open. >>> the wedding mystery we told you about yesterday has been solved. the fremont police found the owner of a lost wedding photo album, inside a briefcase along a road outside of a preschool. police believe it was taken from a storage unit that had been broken into, and that the thieves just tossed it aside. the owner was eventually traced to india. >>> following in the footsteps of online retailers, this postal service will be texting out same-day delivery this holiday season. the united states postal service will begin offering the service in san francisco. >>> an incredible gift. how one man is giving thanks for the past by in
-up plaza. >> our deal with the city of walnut creek was to close the gap, financial. financial gap. so that's why they brought the pop-ups here. >> reporter: to close the budget gap while helping unique small businesses get a foothold downtown. >> this gives them a chance on a short-term basis a few weeks or a couple of months to try it out and not have to pay high rent and see how it works with the customers. >> reporter: so far, customers seem to like it. >> it allows people who have crafts to come out here and gives me something to look at. >> reporter: terry has been thinking about opening a store in walnut creek for her danville chocolate company. the pop-up plaza gives her a chance to try out the market. >> it's a lot quicker. we were able to put this up in about two days versus a store of several months because we do a kitful on kitchen. we cook and make all the chocolate in the store. that's about a six-month lead time. >> reporter: victoria cross also sees opportunities. >> definitely to make some money, definitely to get our name out there and who knows. you might see us down here
of greek cities as people that just the bad news from brussels -- as people digested the bad news from brussels. >> i do not know if i to make a difference to our everyday lives. the measures that have been taken thus far have already left us in poverty. all i had to say is that the people are very disappointed. >> the government says it has done all it can to comply with the demands of international creditors, and the eurozone countries and imf must keep their part of the bargain. with state bankruptcy looming, athens has issued treasury bills with shorter maturity as a way of raising cash quickly. the opposition in greece blame the prime minister but added that germany and in particular chancellor merkel were also at fault. >> mr. samaras has become an inseparable part of ms. merkel's election campaign. she cannot admit to the german people in the run-up to elections that she made a mistake, that she is responsible for the coming recession and that the greek debts must be cut. >> the german finance minister continues to reject that option. he says he was confident that an agreement w
. >> with so many lights glowing in the night at thousands of cars rolling through the city, it they do not seem too worried about global warming. qatar's initials are highest in the world. >> they are ambitious open for change on global level. they want to work to a new agreement that will take effect by 2020. >> this is a historic conference. it is a vital importance, considering the items on the agenda. it is a turning point in the negotiations on climate change. >> breyer's, experts have sounded urgent warnings about melting polar ice and extreme weather. they say that in order to limit global temperature rise to two degrees celsius, greenhouse gas emissions must be kept low, but total emissions are still rising every year. many experts believe may it already be too late. temperatures could surge by of to four degrees celsius this century. compared to pre-industrial levels. the consequences are incalculable. some nations are pushing for an extension of the kyoto protocol. it expires at the end of this year. >> how was looking for these talks in doha? as germany scaling back their ex
, city hall workers. not just in athens, as about 2/3 of city halls around the country were shut. many of those workers will be laid off between now and the end of the year. the government is finding it very hard to get the mayors of those city halls to send in the list of names of people who have to be laid off. >> thanks so much for the update. germany is a top lender to greece, and lawmakers are expected to approve the release of berlin's contribution immediately. still, there are deep suspicions that talks of a debt write-down have been delayed until after next year's german elections. >> the deal would be put to vote on thursday or friday. >> it is not an easy sell for the defense of the idea of letting greece buy back its bonds at below market value. >> it is important to be fair and say that other eurozone countries should not be profitable. greece needs this. >> german chancellor angela merkel and her finance minister can count on the majority in parliament to support the plan, even though many lawmakers still had questions when they were being briefed. opposition parties have
in the new york city area were locked in on those eyes too. >> yes. the northeast recovers from hurricane sandy new jersey governor chris christie is receiving praise for his handling of the storm. according to a quinnipiac university poll, 36% of new york city voters say christie did the best job responding to the disaster. 22% say president obama's response was strongest. not everyone is pleased with christie's performance. a "new york times" report suggests some republicans still resent the popular governor for doing his job. they say the governor's praise of the president hurt mitt romney's chance on election day. romney advisers refer to data showing a high number of undecided voters chose president obama at the last minute citing his handling of sandy as the major reason. >> come on, man. >> i want to say quickly about christie, how he's acting, what you're supposed to do running for president, him going on "snl" last weekend becoming part of the culture, being loose, making fun of himself is the complete opposite of what rubio is doing. that's the way you run for president. you don
a ceasefire agreement. in the city, the flags, the rallies, talking up victory. in the countryside, the hamas song is, we're going to bomb tel aviv. but away from politics, what about people, lives disrupted by all this? yesterday we filmed awad and his mum sabbah taking shelter in a school in gaza city. frightened, disorientated, a severely disabled boy caught up in all this. today, diplomacy had delivered. sabbah was at home with the family in atatrah. >> it's good that we're okay. i'm very happy i can't believe it, i'm shivering. that face, sabbah said, means he's feeling happy and safe, and with an arm's round from brother mahmoud, and no sound of an explosion. >> sreenivasan: in israel, reserve troops began moving away from the border with gaza. many israelis were grateful a ground operation had been averted. and a day after a bomb ripped through a bus during the tel aviv rush hour, injuring 27, israel announced it had arrested a suspect, an arab israeli man with ties to hamas. i spoke with stephanie freid, a freelance journalist in tel aviv, a short time ago. stephanie, you're just back
. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. >>> welcome back. an extended thanksgiving break as washington is turning heads on wall street. just listen to mario this morning. >> if you have these guys in new york, mayor bloomberg, mayor booker, the governors, cuomo, christie, malloy, if they went on holiday while we had sandy, what would you do? we have an economic crisis. they're going home for thapnk giving. they're going to take a short break in december. yeah, we have to have a patch, but
coming aboard. he has been a big edition addition to the rockets. leaving oklahoma city. 131, 103 the final with 13 points. the knicks oldest team in the nba the rockets, the youngest, go figure. old people can't compete with the young kids. the league has now cancelled all regular season games through december 14 as well as all-star weekend in columbus. boy that hurts their economy. commissioner gary bettman said wednesday the lockout is costing the league between 18 and $20 million per day. the players union and league remain far apart on a potential deal. that is not helping on this small business saturday. for the fourth straight year, underarmor decking out two college teams in patriotic jerseys all part of their underarmor campaign supporting the wounded warrior project. clayton has a jersey. this is worn by the university of hawaii today. they are taking on unlv. it's been a tough year for hawaii. now they are going to really do something good. helping underarmor. the jerseys will be auctioned off. clayton showed you the jersey says freedom instead of the names of the playe
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basically said if you are a small county in alabama or a city and you want to exchange your election laws or voting laws, you have to basically get it cleared ahead of time in washington and send some sort of form to the justice department to explain what you are going to do or you could go to a federal court. the theory was for 100 years, even though racial discrimination had been outlawed by the 15th amendment, a lot of cities and towns that control the voter rolls had various schemes that prevented blacks from registering to vote, so the federal government -- this is an unusual lot to say we are going to put the whole part of the country under special scrutiny of the federal courts -- that law still exists. the dissected by the voting rights act. it still is the case, if texas wants to change its congressional districts or have a new voter id laws. the networks -- a need to get it cleared from washington. host: how many states are we talking? guest: there are nine states, i think, covered by the law. the formula, i can tell you the simple part of it. it is the deep south. from there it
city. and there was a wonderful moment the night before the community opened when one of his lutenants was sitting around a table in arizona and he said how am i going to sell a 30 year mortgage to somebody who is 65-year-old. and they said we should have thought about that before. and they had sleepless nights and the next day 100,000 people came. and they managed to make what was seen as a necessity, a virtue. and this idea of the golden years became a hall mark of the american dream. it's not just retirement that was invented in the last century. even addlessens t idea of youth was concocted in the early part of the century. that word was coined by a 60-year-old. because we were at a situation in the country where there was a proliferation of the night nors of that day. i was talking earlier about night young nor old as the characteristic of so many of news our 50's, 60's, sevent. well there were these young people who weren't children or quite adults. there was a lot of disruption in the country. there was concern about these young people who had physician cal maturity but not emot
, managing director and head of global commodities reaernr research at citi. we met many life times ago. tell us we're about $88 now on oil. >> on wti, which has nothing to do with the real world. >> $110 on brent. >> we think brent will go down 10%, maybe a little more. we have a $90 level for brent, $90 to $100 level. >> why is that? >> we've just gone through almost two year period of really significant amount of disruption, like the embargo against iranian crude. but a lot of it is about a beca had high prices for ten years and the fruits of new investments are coming in and just a lot of oil coming into the market. particularly from north america, but other places, as well. >> what about china? the idea was that china was sort of hoarding oil. are they still doing that? >> they're hoarding in two ve senses before some senses. some is for the strategic stockpile. they'll do another 400 million between now and 2020. >> so how does that compare with -- >> we have 700 million. we don't need it any longer because we're producing so much more oil every year. >> domestically. i saw a chart the
is the growing demographic shift worldwide. for the first time as of last year more people live in cities and that trend is accelerating. if you like in societies like africa, what does that mean in terms of demographics or resources? these changes will accelerate and we need to be better prepared for the across-the-board. those are three large general chunks we should focus on. >> was focused a little tighter for a minute. you have been quoted as saying that there are very likely as many or more spies working against u.s. interests inside the u.s. during the cold war, which was a head snapping quote when i read it. who are these people and what are they after? >> i don't know that. i've been on the government for six years, but if you look at the value of intelligence, importance of intelligence in the expenditures of resources by china, by russia, but others and look for them is one of the biggest is. well it's the u.s. not only national security secrets, the commercial seats as be of much of can be gleaned or stolen from cyberspace. it is a dire threat in part because we shifted so muc
those and see why citi needs three analysts to initiate coverage of apple. we'll begin with retail sales picture from this past weekend. 139 million consumers shopped during black friday weekend. that's up from 132 million last year. total spending up to 59.1 billion to 54.4 a year ago. average holiday shopper spending $434 over the weekend. sales on black friday fell 1.8% from the same day a year ago setting the stage for today known as cyber-monday. american shoppers will spend 1.5 billion online today up from 1.25 billion a year ago. the papers have it. "usa today" retailers hail. journal early sales pay off for now. success? >> yes. unmitigated. i think that people don't understand. this country is a rich country. it always surprises us in spending. i was listening to someone on our network last week saying didn't we have -- we had growth in the country. we have growth every year. that's not true. we've not had tremendous household formation in this country. these numbers at the beginning of more household formation which has been in a cyclical and now turns out not secular decline b
-minute promise. let's see if they can do it. at the jersey city location, there's a kiosk inside to scan the confirmation e-mail. promise achieved. one minute and 44 seconds later. next, walmart in new jersey, no time promises here. our producer presents the receipt and gets the console in two minutes and five seconds. now best buy. no guarantees on wait time here either, but after the receipt is taken, we have console in hand in just one minute and 58 seconds. >> have a great day, enjoy. >> sears wins begin. we did this before black friday, of course, and there is a human element involved, so the results could vary as the season picks up and volume increases, but so far, the programs do work, and the sears that we stopped at didn't have the car delivery. we had to go inside for the kiosk. but it was still the clear winner. >> that's courtney with her view of the special deals that may be offered. craig, final word from you on this. how is this holiday season going to shape up, and how are consumers going to fare over the next few months? >> well, this holiday season i think is going to
the ability to service secondary cities.trainer we don't have the ability to service secondary cities.strain or we don't have the ability to service secondary cities. how can where can we achieve gr scale. and the board of directors are being very strong with us that we must meet key criteria. i don't intend to manage other airlines. >> access then is the key word here and it's also a way of circumventing some of the difficulties they've been facing and acquiring additional landing rates. but there's something broader at stake here and that is the fact that the whole industry. >> that traditional flows are changing. the goal of hubs as a transfer point, a range of activities, the consumer is saying the hubs are working better than the traditional asian or european hubs. at the end of the day, the consumer will determine who is successful, so we have to get the right product, the right aircraft, the right positioning. and quite frankly that's what i believe they have been doing. >> in terms of scale, still quite a long shot from emirates airlines. of course you can watch the whole inte
. it started in a small town or city or neighborhood like you know when a young person got the feeling that they should enter the service. sometime it is because their father, grandfather, uncle, or brother served. sometimes it was just an idea they got. sometimes they get the complete support of their community. sometimes they do it over and some of the protest and concerns of friends and family. sometimes they have tried college or work and it did not work out. once they join the military, it is a completely different life from anything you have done. it is never like with the recruiter tells you. [laughter] you get there and immediately the service wants to make you a service member -- a soldier, sailor. they trust you differently. they have to learn a different language. they are trying to make you part of a team. it is all being part of the team. the team is one important than the individual. from the beginning of basic training and advanced training and when they are sent to their first unit, they are always in groups. they are part of that. they are assigned to a permanent force
institution that serves the inner-city section of york -- did away with rotc about 16 years after i graduated because of the vietnam war. they have decided to bring it back this year. [applause] >> i want to leave you with one story and one thought. i was in minnesota. they have the military appreciation fund. they collect money for rehab, college, and other things. it unifies the entire state. the speaker was a mother of a national guardsman who had gone three times to iraq. she is a big executive at the target corporation. she did not want to be involved with her son's activities. she went off to see him often. she was named the chair of the parents left behind. she took on the responsibility. look at the young mothers with their children who were crying because her daddy had gotten on the airplane. she thought she owed it to her son and her country into the sun people. -- and to these young people. she gave me the most haunting line i have never heard -- i quickly learned when you are a military mother, you go home and draw the lines on the window that looked out across the driveway. you c
of thousands of protesters are in tahrir square and other cities calling morsi a dictator and the new pharaoh. he granted himself broad new powers specially allowing him to run the country unchecked. and the truce is facing its first challenge. a palestinian farmer was shot dead when israeli officers shot near the border. first i want to go to cairo and reza sayah who's following all the developments there. just a few moments ago, morsi spoke to a huge crowd. what did he say? >> well, he tried to calm things down. he defended his position. he defended the controversial decrees he announced last night telling his opponents that he's part of the revolution, one of the people. certainly at this hour he's got a lot of opponents and critics who do not agree with him and are are expressing their outrage in the streets. dramatic scenes in cairo. very reminiscent of the scenes we saw during the 2011 egyptian revolution. back then it was aimed at former president hosni mubarak. now aimed at mr. morsi. there were some clashes during the protest in tahrir square that are ongoing. the clashes witnesses s
city could institute a league of nations. a feel-good, toothless, unmotivated group of international elites. but wilsonian idealism did a central role every shaping postwar europe as millions of people were moved around the continent like chess pieces and porters were changed by client-side etch-a-sketch. one verse i purchased a bad cold people under discussion abstract lumps. another quote, the phrase national self-determination is simply loaded with dynamite. it will raise hopes they can never be realized. inc. of the misery it will cause, unquote. british diplomat harold nicholson walked into a study to find david. george, george clemenceau and woodrow wilson handing over a giant map spread on the carpet. he said, quote, they are cutting the baghdad railway. clemens with his blue gloved hand on the map looks psychic gorilla i feel avery. it is appallingly ignorant and irresponsible men should be cutting asia minor tidbits as if they were dividing a cake. entire populations were relocated to facilitate national self-determination and democracy was imposed on nations of the most bas
in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree with me that regulation derives -- you are pregnant or not pregnant. you either have state regulation or you don't. there is no alternative third way. >> i would agree with my hon. friend. is it a free press? absolutely vital for free democracy? we should recognize all the press has done and should continue to do to uncover wrongdoing, stand up to the powerful. whatever changes we make we want a robust and free press in our country. >> research by the charity save the children, reveals shockingly that in our country when seven children does not have a warm coat this winter. the government is cutting child benefits support to 100,000 families who look out for disabled children. whenever our views on how our economic problems were brought about, surely it cannot be right that the poorest and most vulnerable hay -- [shouting] >> the point i make is we
clashes with police. one demonstrator died of tear gas inhalation. public anger has spread to other cities in egypt. in alexandria, protesters attacked the local offices of the muslim brotherhood. pressure may be mounting, but so far, the president has shown no sign of giving in. >> many of those joining these latest protests also took part in last year's revolution, which overthrew hosni mubarak. >> 1 blogger originally supported president morsi and saw him as a force for change, but the latest developments in the country are giving him reason to take to the streets again. >> he thought his time as a revolutionary was over, but now, he is back at the place where he and his friends protested against then president hosni mubarak two years ago the mode is the same as it was then, but the chant is different. he's calling for resistance to the current president. >> i am even more disappointed by the constitutional declaration issued on november 21, which has given him a god- like powers that make him an even worse dictator. >> he is a prominent lawyer. his voice carries weight here. not long a
the museum for doing this. i have got a friend hear some more. he was the founder of circuit city and he has just written a book called the rise and fall of circuit city. to some degree, they are uncomfortable truth is when you think about nations, companies. of there certainly rise and fall stories. political campaigns are really lousy times to think about the hard truth of what is happening. one of the hard truth about our panel is that we are five white guys. we try to figure out how to divvy this up. we're four tall guys and dog. we are very aware of this. for all of you to e-mail the in, we know. what i wanted to get into today and talk a little bit about are the strategic economic choices facing the nation. what does that mean? we talk about strategy and economics, is there something more fundamental about the way the united states is positioned in the world and its choices? michael has his own followers and accolades. jeff bingaman and i and our whole staff were riveted from much of his staff and guidance at the time. had he moved in along some of the issues we're talking about back t
some sort of tofu. >> one thing you can't do in the city, which i wish we could do -- >> deep fried turkey. i would love to do a deep fried turkey. mark bitman is suggesting that you break the turkey in two and do what he calls a flat turkey. >> it's supposed to be really tasty. >> after it's dead. >> yes, after it's dead. >> pita's not going to like that. how could you actually break a turkey? down middle or front back? >> did you see that pita is protesting the president's pardon? >> i didn't understand that. they said don't pardon him. why? all going down with the ship? >> because it's done anyway. i don't know. it was very strange position to take. >> all right. well, do you have any questions? >> i was going to talk about flattening the turkey. >> she knows a lot. >> i want to know if you flatten the turkey, how do you deal with the stuffing? >> i remember what i asked last year. >> i don't remember everything. >> the stuffing inside, do you stuff it in really night. >> that's right. you don't stuff it in tight. but you also don't stuff it the night before either. >> no. that w
the shops early next year. and the u.s. postal service plans to test same day package delivery in big cities. the service will initially be offered in san francisco. pricing hasn't been announced and the postal service working out agreements with 8 to 10 large retail chains. and the government will appeal a ruling over unpaid debts stemming from the country's default a decade ago. wednesday a federal judge in new york ordered argentina to pay in full everything it owes to several u.s. investment funds. the judge also barred the country from paying other bond holders until the bill is paid. still to come, u.s. retailers are turning on the lights and throwing open the doors to holiday shoppers even earlier this year. will the promise of big deals lead to big profitses? we'll be back at the mall. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this coo
think the debate is somewhat margin all for the occurrences city. >> do you agree in terms of the marginal impact? >> i do understand where the argument comes from.frankly is of the currency. the problem is two fold. one, we haven't got a counter factual. we sort of have. look at ireland. but without that very dramatic counter factual, it looks like qe is not doing anything. i would argue it's successful at neutralizing the deflationary contraction. but it's hard to read. we have so many other countries doing qe or sending messages about whether they'll stop or accelerate or slow down or might do it that actually looking at currencies that are all relative, it's hard to read this. what we can see is that the dollar was under an stream amount of delusionary pressure during the qe experience with the exceptions where it spiked up during actual panic. the really interesting thing about the euro is the hur row hasn't fallen that much given the fact it's dominated the bad news. and that i would say is because they haven't done the dilution of qe yet. so it's held its own against
-oriented city encircled by soviet-leaning east germany. and so president kennedy was afraid throughout the cuban missile crisis that if they just invaded, that would be over in a certain amount of time. but then the soviets could very easily dot same to berlin. they could just take over berlin without much difficulty. and that would lead, if the west chose, which it probably would have, to a nuclear exchange. so the sequence of likely events in president kennedy's thinking was if cuba fell easily, which we now know it would not have, then the soviets would have taken berlin, which would have led to a conflagration in europe and really the end of the world. >> i want to go back. right around this time there was the civil rights issue at the university of mississippi, and we've got a couple of tapes, one from september 30 of 162 and one from september 22. the first one obviously 292nd with ross barnett. who is he? >> he's governor the mississippi. he's in a tight spot because he's fanned the flames of segregation, thinking he's an ardent segregationist. his political base was based on that. but th
. then this was one of the biggest cities did europe. that is remarkable. geographically it is such a yucky place. foggy, the speedos, lagoons, the only reason the italians ended up there they were chased off. is incredibly rich state sending traditions to china controlling demands and how did they do it? this fabulous rise to the most economic open system of that time. with a particular form of contract system if you would take on risk if he did not have capital you could share in the deal with a partner did and go on a mission the guy who did not have capital to risk his life but share of the profits. this was the reason you had the wealth of that is. but in the 14th century the guise of the top realized this is a little uncomfortable you had your capital hague out at home but you did not want to go to china the do guys for coming up pushing you out of the elite sedate introduced the official book of the oligarchy if you were in it you were ruling a oligarch not just historians today this is the moment they closed their society but at the time the nation's felt it was a closing of the system ca
in the city where charles mclain lives. well, he lived in manchester, new hampshire. he couldn't say specifics, but they found ways to get around that, and the second was how did they talk about sustained combat -- is that -- >> make thingsÑi look nice to te families. did they talk, emotionally, how they dealt with being under fire, knowing they would be the next day, and doing it the next day, and the day after that and the day after that? >> well, i can tell you that the letters became sparser when they were in combat. i mean, they spent a lot of time waiting around for combat. what i know about that i learnedded from the letters they wrote later, the four of the five of them were in the hospital. they had a lot of time to write letters. they didn't talk too much about how they dealt with fear. more they talk about how hard it was to start losing men. that seemed to be the thing that really impressed them, and it was difficult, and that was something i think they could share. my uncle talked once looking forward to going -- another moment he knew they would be encountering the enemy, and ho
, he said to his mother i arrived in the city where charles mclane lives. charles mclane went to manchester, new hampshire so he wasn't allowed to say really where he was specifically but they found ways to get around that. and the second was, how did they talk about sustained combat? >> trying to make things look nice for their family. did they talk at all about emotionally how they dealt with being under fire, knowing they would be under fire the next day and doing it the next day in the day after that in the day after that? >> i can tell you that the letters became more sparse when they were in combat. they spent a lot of time waiting around for combat during the battle of alamein. what i know about that i learned from the letters that they wrote later. the four of the five sent a lot of letters. they don't talk too much about how they dealt with fear. more, they talked about how hard it was to start losing men. that was the thing that really impressed them and it was difficult. that was something i think they could share. my uncle talked once about looking forward to going
, venice was one of the biggest cities in europe, one of the biggest and richest and that is remarkable. if you have ever been there, geographically is such a crummy place. foggy, mosquito ridden, lagoons, very hard to build and the reason the italian ended up there was the hon is chased them off of the good land. here it was, incredibly rich and powerful state sending its trade missions all the way to china. controlling, controlling lands along the croatian coast, controlling land is very far into the italian in land, how did they do it? nations -- we'd like going there. to probably the most open economic system of that time. they have a particular form of contract system which allowed very unusually, if you were a person willing to take on risk, even if you didn't have capital you could share in a deal with a partner who did have capital got a trading mission and the guy didn't have capital the risk his life took a share of the profits. this really was the reason you had a huge mercantile figure and wealth of venice. but in the fourteenth century, as venice was getting going, the guys
, is right at the center of this storm. so that's the city of sacramento. perhaps 100,000 or more people in serious gemdy. should a levee break and those levees are not up to 200-year standards, should a levee break in that region, people would have less than 20 minutes to find high ground to get out. an impossible situation. so we need serious infrastructure impro. and that's sacramento. the rest of my new district goes further north into marysville and yuba city, along the sacramento river, further north, and along the yuba river. again, communities at high risk. serious infrastructure need to be developed. levees need to be improved. upgrade -- upgraded, enhanced. otherwise citizens are at risk just like they were in staten island. this is our responsibility. this is not only a local responsibility and a state responsibility, this is a national responsibility. this is where we become a national community. looking out for each other. providing the basic infrastructure to protect us. we also have infrastructure that's necessary for commerce. our roads, our highways, our internet systems
city index up is five months in a row. you say don't look at the prices so much. >> i think looking at housing prices is the worst thing to look at. i think you want to look at activity levels. the reason we're seeing prices uptick is we're seeing foreclosure activity at a lighter level than it would have been. we had the scandal a couple years ago. banks discovered during the process while they held back on foreclosures short sales were the way to go. we have a lot less distressed property in the mix right now. it's skewing the metrics. >> isn't a market still a market. doesn't that mean that people are willing to pay more for houses? >> i take word with the issue recovery. when i was at school, the word recovery meant getting better. i think the word recovery now means not getting worse. >> chris, jonathan takes that view. allen greenspan says slow down. we heard from ben bernanke this week. listen to what he said. >> unfortunately, while some tightening of the terms of mortgage credit is an appropriate response to the developments of earlier accesses, the pend la appears to have
, guy by the name of delbert g. web. the inventor of sun city, the first large-scale retirement community in the country. if you took a flyer on this idea that later life could be affecting childhood and he built a community and invested $2 million in the late 1950's, early 1960's into the opening of sun city and it was a wonderful moment the night before the community actually opened when one of his lieutenants was sitting around the table at a mexican restaurant in peoria arizona. he said how my for going to sell a 30-year mortgage to summon a 65 years old? maybe we should've thought about that beforehand. they all had sleepless lights and 100,000 people showed up. if you build it, they will come. this was an incog longing for something different than society offered at this stage of life. they essentially managed to make what was seen as a necessity, a virtue and retirement, this idea of the golden years for an extended period is what became the hallmark of the american dream. it's not just retirement that was invented in the last century. it even adolescents, the idea of you
not to do it. >> the greatest city and the greatest nation in the world is linked to all points west by a single rail tunnel completed in the year 1910, and the project -- a long-standing project to add -- which runs at 100% of capacity during rush hour, and the long-standing project to add a second tunnel has been cancelled, at a time when the federal government can borrow at negative interest rates. >> and all of these idle resources do not pay taxes. people are worried about the -- >> larry summers and now that he is a free man, larry is sounding more like joe and me, actually. they've had a paper, making a very strong persuasive case, that even in purely fiscal terms, spending more money now is a positive. and what it will do to the long-term u.s. technology growth with pay for itself in future tax revenue. the long-term shadow of mass unemployment on the economy is quite large. so, yes, -- and conversely, cutting back at times like this is self-defeating, it actually worsens the fiscal situation, of course then what happens is people say, well, got to inflict more pain. it reall
of thousands of egyptians have poured into tahrir square and cities all across egypt demanding that president mohamed morsi rescind his decision that granted him sweeping powers. they say it is reminiscent of the mubarak era, sending this country back to dictatorship. for the past five days, police have clashed with protesters, firing tear gas and beating them at times. more importantly, they are demanding that egypt's new constitution is one that reflects the diversity of egypt, not the sole control of the muslim brotherhood. many of the people here are angered by what they say is the attempt by the muslim brotherhood and the president mohamed morsi to take control of the country and ram pole their agenda at the expense of secular forces like those that have gathered behind my. >> neil sheering still with us. investors have gotten quite bullish on egypt. do you think the investment thesis is fundamentally changed? >> i think it's a bit of a wake-up call to the post-revolution transition in the egypt's economy is never going to be easy. the imf deal that was announced last week, should be agr
late 80s. new york mayor michael bloomberg releasing aid: super storm sandy devastation. the city estimates total public and private losses to be $90 billion. the net cost just south of $10 billion. those are your headlines. dr. dennis. dennis: thank you very much. it is cyber monday, and was expecting you to rack up 1.5-liter dollars of online shopping. adam shapiro at one of the busiest places on earth. the fulfillment center in phoenix, arizona, where 200 orders are being fulfilled every single second. >> that is right. i want you to meet a spokesperson for amazon.com, thank you for having us. their revenue is predicted to beat last year. they were from 16-30%. how crucial is today for that? >> today is an important part of the season and the entire quarter. it is our biggest quarter. this is a big part of that, for sure. >> i was curious, as we come over here, if you talk about quarter being important, and obviously for the success. 200 orders per second, this facility alone or throughout the entire area? cheryl: that was worldwide on cyber monday. that was 17.7 million items
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